Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
Unless you raise taxes there is no other effective way to raise the financing needed for the long term gains of the general population. Bond financing is not perfect but is a method to raise money from pensions, the wealthy, the middle class etc. in order to improve the society. Using bonds is ceratinly mor effective and less costly than private partnerships currently being used extensively in the UK
by An American in London on Fri May 11th, 2007 at 05:50:07 AM EST

Others have rated this comment as follows:


Occasional Series